2018-6-20 12:00 |
Australia is moving towards requesting all cryptocurrency exchanges to report to the Australia Taxation Office, in order for them to collect Capital Gains Tax on all cryptocurrency gains, which essentially means that they will be classified as assets.
Liz Russel, who is a senior tax agent at a private Australian online tax return service revealed how the Australian Taxation Office will treat the cryptocurrency gains, so people know what to expect from it.
Continue reading Why Australia Wants Some Of Your Bitcoin Gains at Crypto Daily™.
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